From How to Get Out of Debt

Wednesday marked the announcement that Anthony Cutaia was sentenced to 51 months in prison for mail fraud “Ponzi” investment scheme. Cutaia had pled guilty in July 2011 to Count 2 of a Criminal Information filed in June 2011, which charged him with mail fraud in connection with his participation in a real estate investment scheme [...]

Read the full article at GetOutOfDebt.org, click here: Talk Show Host And Financial Advisor Sentenced For Ponzi Scheme

From How to Get Out of Debt

Douglas Vaughan faces 10 to 12 years in prison after pleading guilty to wire and mail fraud charges that involved his operation of a “Ponzi” scheme where he defrauded around 600 investors of more than $74 million. Vaughan promised extraordinary returns which he obviously did not follow through with. In February of 2011, in an [...]

Read the full article at GetOutOfDebt.org, click here: Six Hundred Out Of $74 Million In Ponzi Scheme

From How to Get Out of Debt

Earlier this month it was announced that Lisa Wright, Cathy Saffer and Carrington Coombs were all charged with fraud in a Florida foreclosure rescure scheme. Wright and Saffer were charged with conspiracy to defraud homeowners and banks in a foreclosure rescue scheme. Coombs, a certified public accountant, was also charged as a participant in the [...]

Read the full article at GetOutOfDebt.org, click here: Florida’s Foreclosure Solution Specialists Operators Charged With Fraud

From How to Get Out of Debt

Between 2006 and 2008 real estate agent, Joanne Seeley, defrauded 34 homeowners and 14 mortgage companies in Pennsylvania out of more than $6.2 million in a fraudulent Foreclosure Rescue/Equity Skim scheme. Seeley was found guilty earlier this month on four counts of wire fraud and four counts of money laundering; each punishable by a maximum [...]

Read the full article at GetOutOfDebt.org, click here: Fraudulent Rescue / Equity Skim Scheme Costs Dozens Over $6.2 Million

From How to Get Out of Debt

KEL law firm, formally Kaufman, Englett & Lynd, has been forced to resign from the Better Business Bureau (BBB) of Central Florida. The resignation of this Orlando based law firm marks “the first area law firm to be ousted in the business-rating agency’s 27-year history.” Apparently the BBB has complained that over the past year [...]

Read the full article at GetOutOfDebt.org, click here: First Ever Central Florida Law Firm To Be Forced To Resign From BBB

From How to Get Out of Debt

To the tune of a MasterCard commercial: $4.7 million in fradulent mortgage loans… $944,224 lost by lenders…. $1.2 million lost in equity to homeowners…. Shameful. Mary Ann Dean and Charles Donaldson pleaded guilty to the charge of conspiracy to commit wire fraud in connection with a mortgage fraud scheme of Sunset Mortgage Company. Dean was [...]

Read the full article at GetOutOfDebt.org, click here: Homeowners In Financial Distress Lose Over $1.2 Million To Mortgage “Rescue” Fraud

From How to Get Out of Debt

Healthcare fraud and money laundering? Again? Sure, why not. John Love has been sentenced to 51 months in jail for laundering money and defrauding the healthcare system. Love apparently used taxpayer’s money to live well beyond his means and his sentence is meant to make it clear to others defrauding the system that there is [...]

Read the full article at GetOutOfDebt.org, click here: Pharmacist Sentenced To Nearly 5 Years In Prison For Medicaid Fraud

From How to Get Out of Debt

Tina wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Read the full article at GetOutOfDebt.org, click here: I Invested in Real Estate Using Credit Card Convenience Checks. – Tina

From How to Get Out of Debt

Tony wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Read the full article at GetOutOfDebt.org, click here: I’m Trying to Buy a House But I Have a Judgment Against Me. – Tony

From How to Get Out of Debt

Trudy wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Read the full article at GetOutOfDebt.org, click here: How Bad is Bankruptcy? Should I Wait to File Until My Home is Foreclosed? – Trudy

From How to Get Out of Debt

Sharon wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Read the full article at GetOutOfDebt.org, click here: I’m a Realtor and Drowning in Debt. – Sharon

From How to Get Out of Debt

Amber wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Read the full article at GetOutOfDebt.org, click here: My Husband and I Are Considering Filing Chapter 7 Bankruptcy in Oklahoma. – Amber

From How to Get Out of Debt

“Dear Steve, In Nov. ’07 my husband was laid off as a homebuilding superintendent. His salary was 6 figures, we were in the middle of a huge remodel on our home. The bank stopped making loans to the buyers of his homes, the job site (an entirely new community) was shutdown, he was laid off [...]

Read the full article at GetOutOfDebt.org, click here: My Husband Was Laid Off and We Lost Our Six Figure Income. – Cindy

From How to Get Out of Debt

Frank wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Read the full article at GetOutOfDebt.org, click here: I’m a Realtor and Have Never Missed a Payment, Until Now. – Frank

From How to Get Out of Debt

Josy wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Read the full article at GetOutOfDebt.org, click here: Josy Writes “My Real Estate Business Is Going Down The Drain”

From How to Get Out of Debt

“Dear Steve, We tried to sell our house 2 years ago, agent agreed to pay for virtual tour, carpet cleaning and home inspection. The house didn’t sell and our real estate agent died months later from heart attack. Now home inspection company wants us to pay for the service done then. I think they couldn’t [...]

Read the full article at GetOutOfDebt.org, click here: Home Inspection People Want Us to Pay For Services After Our Real Estate Agent Died. – Ella

From How to Get Out of Debt

Kyle wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Read the full article at GetOutOfDebt.org, click here: The Banks Won’t Refinance the Investment Rental Properties I Bought Using Credit Cards. – Kyle

From How to Get Out of Debt

Reta wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]

Read the full article at GetOutOfDebt.org, click here: Mortgage Company Disappears, Won’t Take Payments, Violated RESPA – Reta

From How to Get Out of Debt

Christine so kindly wrote to me through the GetOutOfDebt.org site and asked me the following question. If you have a question you’d like to ask, just visit the site. All my help is totally free. “Dear Steve, We have about $35,000 in current debt not including a home that is not finished. We have about [...]

Read the full article at GetOutOfDebt.org, click here: Christine Writes And Asks Me “Should We Liquidate The IRA to Pay Off Debt?”